Course Description
Accounts Receivable Management
Alison
This free online course explains how effective accounts receivable managers collect payments from clients and customers. ‘Accounts receivable’ (AR) refers to the money a business is owed by its customers for goods or services it has provided on credit. Efficient accounts receivable management can lower the risk of bad debts, improve cash flow and profitability and ensure financial stability. This business administration course provides all the information you need to adopt the best accounting practices to ensure the prompt and efficient collection of debts.
Online Course
| Course Code | 6250 |
| College Name | Alison |
| Course Category | Business, Business & Finance |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Location | Online Course |
| Delivery mode | |
| Course Fee | Free |
| Course Duration | 1.5-3 hours |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Outline the concept of accounts receivable (AR) • Define the role of accounts receivable in working capital management • Describe the process of assessing credit risk and setting appropriate credit limits and payment terms • Indicate the ways to establish clear collection procedures to manage delinquent accounts • Discuss electronic invoicing and its advantages over traditional invoicing methods • Identify the importance of establishing clear payment terms and conditions • Discuss the latest technologies and trends in AR management • Outline the different stages of the accounts receivable process flow • Discuss the importance of accurate billing practice for maintaining positive relationships with clients • List the functions of collection agencies and their benefits • Outline the cash application and payments reconciliation process and its significance |
For information about Alison, please visit our college page on www.nightcourses.com by clicking here.
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